January 13, 2014

Chart of the Day: The Permanent Decline in Full-Time Employment

Filed under: Economy,Health Care,Taxes & Government — Tom @ 8:51 am

From the interactive graphs at the St. Louis Fed — Full-Time Employees as a Percentage of the Civilian Noninstitutional Population (HT to a PJ Media commenter):

FTworkersAsPercentOfCivilPop1213

But Obamacare has noooooooothing to do with employers’ reluctance to hire full-time workers. (/sarc)

UPDATE: For those who want to explain away the graph above as being due to Baby Boomer retirements, here’s a somewhat related graph for ages 25-54:

EmploymentRateAge25to54thru1213

The drop from 80% to 76% in this group represents a 20% increase (to 24% from 20%) in the cadre of people in their prime working years … who aren’t working — and that’s before breaking out part-timers from full-timers (data which I don’t think is as readily available).

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1 Comment

  1. [...] million shy of it pre-recession peak, has been stuck at barely 47 percent of the adult population for four years — down from 52 percent when the recession [...]

    Pingback by BizzyBlog — January 15, 2014 @ 8:26 am

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